The endgame of any start-up is to foresee and cater to the evolving needs of the audience. The start-up game expects not only the entrepreneurs...
The endgame of any start-up is to foresee and cater to the evolving needs of the audience. The start-up game expects not only the entrepreneurs but also their teams to be on their toes. The team also has to turn into a think-tank generating new ideas on a daily basis.
As new people join in, the ongoing thought process will obviously expand. This will require seamlessly merging the existing team to different styles of functioning.
In India, many start-ups have run aground with the on-demand labour model which is steadily facing rough weather due to lack of professional services as promised by the brand. Therefore, grooming entrepreneurial talent within is critical.
There is no book, no rules, and no formula to follow for a start-up entrepreneur, though the start-up ecosystem provides an open road to those who are willing to explore. A start-up should be looked at from the vision of that as a centre for learning, and all would have to mould themselves around the central idea and vision that they as a team are laying out for themselves.
A start-up team therefore does not mean instructing, it means direction, assimilation and vision to create something that all started from one little idea.
The author is founder, worldoo.com, a digital platform for kids